FJ Capital Management LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
FJ Capital Management LLC disclosed 142 US equity positions worth $936.6m in its Q3 2025 13F filing. The largest position was HTB at 7.3% of the reported book, followed by SSB and EQBK. Against the Q2 2025 filing, it opened 13 new positions, added to 22 and reduced 12 among the top 50 holdings.
What did FJ Capital Management LLC own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | HTB HOMETRUST BANCSHARES INC | Financial Services | 7.3% | $68.8m | 1,680,469 | -3% | reduced |
| 2 | SSB SOUTHSTATE BK CORP | 5.6% | $52.2m | 527,942 | – | new | |
| 3 | EQBK EQUITY BANCSHARES INC | Financial Services | 5.3% | $49.8m | 1,222,791 | 9% | added |
| 4 | WED WEBSTER FINL CORP | 4.0% | $37.1m | 624,464 | -8% | reduced | |
| 5 | SBCF SEACOAST BKG CORP FLA | 3.9% | $36.8m | 1,209,996 | 5% | added | |
| 6 | SFST SOUTHERN FIRST BANCSHARES | Financial Services | 3.8% | $35.6m | 807,223 | 0% | held |
| 7 | OSBC OLD SECOND BANCORP INC ILL | Financial Services | 3.5% | $33.2m | 1,919,934 | 4% | added |
| 8 | RBB RBB BANCORP | 3.0% | $28.4m | 1,511,408 | -14% | reduced | |
| 9 | INDB INDEPENDENT BK CORP MASS | Financial Services | 2.8% | $26.2m | 378,739 | -42% | reduced |
| 10 | MOFG MIDWESTONE FINL GROUP INC NE | 2.4% | $22.5m | 796,883 | 4% | added | |
| 11 | LNKB LINKBANCORP INC | 2.3% | $21.4m | 2,999,772 | -20% | reduced | |
| 12 | BCAL CALIFORNIA BANCORP | 2.3% | $21.2m | 1,271,636 | 0% | held | |
| 13 | WSBC WESBANCO INC | Financial Services | 2.2% | $20.9m | 654,296 | 771% | added |
| 14 | EBC EASTERN BANKSHARES INC | Financial Services | 1.9% | $17.7m | 976,342 | – | new |
| 15 | ONB OLD NATL BANCORP IND | Financial Services | 1.8% | $17.1m | 777,226 | 26% | added |
| 16 | IBCP INDEPENDENT BK CORP MICH | Financial Services | 1.8% | $17.0m | 550,194 | -17% | reduced |
| 17 | USB U S BANCORP DEL | Financial Services | 1.8% | $16.8m | 347,926 | 131% | added |
| 18 | QCRH QCR HOLDINGS INC | Financial Services | 1.8% | $16.7m | 220,147 | -26% | reduced |
| 19 | SMBC SOUTHERN MO BANCORP INC | Financial Services | 1.7% | $15.8m | 300,944 | 6% | added |
| 20 | WAL WESTERN ALLIANCE BANCORP | Financial Services | 1.6% | $15.2m | 175,389 | -68% | reduced |
| 21 | ZION ZIONS BANCORPORATION N A | Financial Services | 1.6% | $15.2m | 268,111 | -39% | reduced |
| 22 | THG HANOVER INS GROUP INC | Financial Services | 1.3% | $12.0m | 65,817 | 139% | added |
| 23 | 2682426D FIRST FNDTN INC | 1.2% | $11.5m | 2,057,660 | 39% | added | |
| 24 | BAC BANK AMERICA CORP | Financial Services | 1.2% | $11.2m | 216,409 | – | new |
| 25 | FRME FIRST MERCHANTS CORP | Financial Services | 1.2% | $11.1m | 294,718 | – | new |
| 26 | PB PROSPERITY BANCSHARES INC | Financial Services | 1.0% | $9.6m | 144,985 | – | new |
| 27 | CBNA CHAIN BRIDGE BANCORP INC | 1.0% | $9.6m | 293,788 | 0% | held | |
| 28 | MBIN MERCHANTS BANCORP IND | 1.0% | $9.4m | 297,156 | 25% | added | |
| 29 | JMSB JOHN MARSHALL BANCORP INC | 0.9% | $8.5m | 429,908 | 4% | added | |
| 30 | BUSE FIRST BUSEY CORP | Financial Services | 0.9% | $8.5m | 366,020 | -11% | reduced |
| 31 | STT STATE STR CORP | Financial Services | 0.8% | $7.9m | 68,000 | – | new |
| 32 | MHO M/I HOMES INC | Consumer Cyclical | 0.8% | $7.7m | 53,553 | – | new |
| 33 | TOWN TOWNEBANK PORTSMOUTH VA | Financial Services | 0.8% | $7.7m | 222,459 | -26% | reduced |
| 34 | FAF FIRST AMERICAN FINL CORP | Financial Services | 0.8% | $7.6m | 118,691 | – | new |
| 35 | JLL JONES LANG LASALLE INC | Real Estate | 0.8% | $7.6m | 25,312 | 13% | added |
| 36 | AVBC AVIDIA BANCORP INC | 0.8% | $7.4m | 497,258 | – | new | |
| 37 | SCHW CHARLES SCHWAB CORP | Financial Services | 0.8% | $7.3m | 76,650 | – | new |
| 38 | MCY MERCURY GENL CORP NEW | Financial Services | 0.8% | $7.1m | 83,592 | 120% | added |
| 39 | CINF CINCINNATI FINL CORP | Financial Services | 0.8% | $7.1m | 44,671 | 97% | added |
| 40 | AMT AMERICAN TOWER CORP NEW | Real Estate | 0.7% | $6.7m | 3,507 | 99% | added |
| 41 | PFSI PENNYMAC FINL SVCS INC NEW | Financial Services | 0.7% | $6.4m | 51,559 | – | new |
| 42 | TMHC* TAYLOR MORRISON HOME CORP | 0.6% | $5.9m | 89,887 | 29% | added | |
| 43 | HWBK HAWTHORN BANCSHARES INC | 0.6% | $5.9m | 190,710 | -14% | reduced | |
| 44 | HCI HCI GROUP INC | Financial Services | 0.6% | $5.7m | 29,567 | 164% | added |
| 45 | WD WALKER & DUNLOP INC | Financial Services | 0.6% | $5.2m | 62,168 | – | new |
| 46 | WELL WELLTOWER INC | Real Estate | 0.5% | $5.1m | 28,845 | 1% | added |
| 47 | BRO BROWN & BROWN INC | Financial Services | 0.5% | $4.5m | 47,837 | 33% | added |
| 48 | GABC GERMAN AMERN BANCORP INC | Financial Services | 0.5% | $4.4m | 112,580 | 1803% | added |
| 49 | RGA REINSURANCE GRP OF AMERICA I | Financial Services | 0.5% | $4.3m | 22,466 | 36% | added |
| 50 | HBNC HORIZON BANCORP INC | Financial Services | 0.5% | $4.2m | 264,651 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.